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· Carl Samson
Multi-state theft ring busted for stealing over $1 million worth of jewelry from Asian-owned stores
A crew of 16 individuals has been indicted on multiple charges in connection with armed robberies targeting Asian-owned jewelry stores across four Eastern states. The allegations: The suspects are accused of robbing stores in Florida, New Jersey, Pennsylvania and Virginia…
· Carl Samson
California announces multilingual ‘CA vs Hate’ campaign, $91 million fund to support victims
California is making new efforts to combat hate within its borders, including a $91 million fund to support victims and prevent further incidents. New actions: While hate crimes against Asian Americans in California dropped by 43.3% in 2022, overall figures increased by 20.2%.…
· Bryan Ke
Chinese man accused of stealing $168 million through football betting app scam in India
A Chinese national fled to China after Indian authorities learned of a football betting app scam that swindled hundreds of millions of dollars out of over a thousand users. Uncovering the scam: India’s Central Investigation Department (CID) established a Special Investigation…
· Bryan Ke
Foundation to donate $1 million for San Diego State University’s Asian studies
The Charles Wei-hsun Fu Foundation has recently announced its plan to give a $1 million gift to San Diego State University’s (SDSU) Center for Asian and Pacific Studies (CAPS). Key details: Sandra Wawrytko, a faculty member at SDSU who teaches Asian philosophy at the College of…
· Michelle De Pacina
Australian journalist jailed for 3 years in China details detention in ‘love letter to 25 million people’
Cheng Lei, a Chinese Australian journalist who has been jailed in China for three years, detailed her detention conditions in an open letter to her partner, Nick Coyle. “A love letter to 25 million people”: On the three-year anniversary of her detention, Cheng, 48, described her…
· Carl Samson
US Department of Energy sets $37 million to boost research capacity of minority institutions
The U.S. Department of Energy (DOE) has announced a $37 million fund to boost research capacity in 44 historically underrepresented institutions in its Office of Science portfolio. What’s it for: The fund will be used to build research capacity, infrastructure and expertise.…
· Carl Samson
New York AAPI communities receive historic $30 million state fund
The state of New York is funding Asian American and Pacific Islander (AAPI) organizations with a record $30 million to support critical services, including efforts to combat anti-Asian hate crimes. Background: First announced in May, the fund, which is part of the state fiscal…
· Michelle De Pacina
Asia’s former richest woman donates 55% of her company, or $826 million, to charity
Yang Huiyan, Asia’s former richest woman, is donating over half of her company to a charity founded by her sister amid China’s real estate crisis. The donation: Yang, the current chair of property management firm Country Garden Services Holdings Company, is giving away 55% of…
· Ryan General
Chinese man wins $10 million in lottery by using his family’s birth dates
“I chose their birth dates to express my feeling of missing them”
· Carl Samson
Fukushima explained: Why Japan is releasing over a million tons of treated radioactive water into the sea
On an ordinary spring day in Japan in 2011, one of the most devastating natural disasters in modern history occurred. An undersea megathrust earthquake — with a magnitude of 9.1 — rocked the Pacific Ocean 72 kilometers (approximately 45 miles) east of the Oshika Peninsula of the…
· Bryan Ke
10 years ago, Lionel Messi auctioned off his ‘Golden Foot’ for $5 million
It has been a decade since Lionel Messi auctioned a gold cast of his left foot to help victims of the deadly 2011 Tohoku earthquake and tsunami in Japan. The generous fundraising effort began after Messi, now 36, received his fourth consecutive Ballon d’Or in 2012, an award…
· Michelle De Pacina
Bay area tech company sued for $20 million over ‘culture of prejudice against Asians’
A tech company based in San Jose, California, is facing a $20 million wrongful-termination lawsuit for allegedly firing an Asian employee due to its “culture of prejudice against Asians.” The lawsuit: Lumentum Operations, a telecommunications equipment commercial company, fired…
· Michelle De Pacina
Korean ramen exports hit record high exceeding $400 million amid soaring demand
The export value of South Korean ramen for the first half of 2023 hit a record high amid the increased global demand for Korean products. K-ramen boom: According to quasi-government agency Korea Agro-Fisheries and Food Trade Corporation, instant ramen exports for the first half…
· Michelle De Pacina
‘Squid Game’ lead Lee Jung-jae requested $1 million per episode for Season 2: report
“Squid Game” lead Lee Jung-jae has requested $1 million per episode for Season 2 of the Netflix hit dystopian series, South Korean tabloid Dispatch revealed. The report: If Lee’s alleged request is met, the 50-year-old actor would earn a staggering $13 million in total for the…
· Bryan Ke
Do Kwon, TerraForm Labs’ $26 million in assets frozen in Switzerland: report
Cryptocurrency assets tied to Terraform Labs co-founder Do Kwon and other key figures have reportedly been frozen in Switzerland just a few weeks after Kwon was sentenced to prison in Montenegro. Latest development: Swiss authorities reportedly froze about $26 million worth of…
· Michelle De Pacina
56-year-old Chinese millionaire fails China’s university entrance exam for the 27th time
Liang Shi, the 56-year-old Chinese millionaire dubbed the “King of Gaokao,” has failed China’s notoriously difficult entrance exam for the 27th time. Falling short: After living “the life of an ascetic monk” for a few months to study for the test, Liang fell 34 points short of…
· Bryan Ke
Daughter of accused Asian antiquities trafficker forfeits $12 million as NYC case ends
The civil case concerning accused Asian antiquities trafficker Douglas Latchford came to an end on Thursday after his daughter and sole heir agreed to a settlement that would forfeit millions of dollars from his estate. What happened: The recent settlement marked the end of an…
· Ryan General
5 men with alleged mob ties arrested for stealing $2 million in jewelry in NYC
Local authorities in New York arrested a group of five men with suspected ties to organized crime on Tuesday in connection with two recent jewelry store heists in Manhattan. Mob ties: The suspects, identified as Frank DiPietro, Vincent Cerchio, Vincent Spagnuolo, Michael Sellick…
· Michelle De Pacina
California announces $5 million support for displaced Half Moon Bay shooting victims
On Thursday, California Governor Gavin Newsom announced a $16 million fund to support homeownership for farmworkers, including $5 million to support survivors and family members of victims displaced by the Half Moon Bay farm shooting in January. About the grant: In an effort to…
· Michelle De Pacina
Children of Arby’s restaurant employee who died in freezer sues for $1 million
The children of an employee who was found dead in the freezer of an Arby’s Restaurant in New Iberia, Louisiana, are suing the business’s umbrella company, Turbo Restaurants LLC, for “gross negligence” that allegedly led to the death of their mother. Nguyet Le, 63, was discovered…
Grab
Grab is the everyday super-app of Southeast Asia — rides, food, and payments in one wallet across eight countries, the way hundreds of millions actually move and eat.
GrabNASDAQ:GRAB
Grab is the everyday super-app of Southeast Asia — rides, food, and payments in one wallet across eight countries, the way hundreds of millions actually move and eat.
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